Nikkei Futures Update : 10 June 2022

The Nikkei 225 Future is trading at 27,808.0 with a loss of -1.74% percent or -492.0 point.The  Nifty Future is trading at 16,231.0 with a loss of -1.48% or -244.5 point. The Hang Seng Future is trading at 21,550.5 with a loss of  –1.37% percent or -298.5 point.

 

 

TODAY’S FACTORS AND EVENTS

OMCs have announced a relief scheme for sugar companies on Ethanol supplied between June 2022 and November 2022. Under this scheme OMCs will pay additional Rs 1.60/litre, Rs 1.49/litre and Rs 1.18/litre for Ethanol supplied from Sugarcane Juice, B-Heavy Molasses and C-Heavy Molasses route respectively. Also the prices of damaged food-grain ethanol & surplus rice based ethanol have also been increased by Rs  2.3 / litre and Rs 1.4 / litre respectively.

PREVIOUS DAY ACTIVITY

For the day Nikkei 225 is trading at 27,824.29 with a loss of -1.49% percent or -422.24 point.the  nifty closed at 16,242.40 with a loss of -1.43% percent or -235.70  point. Hong Kong’s Hang Seng is trading at 21,860.60 with a loss of -0.039% or ?8.45 point.

 

 

WORLD MARKETS

For the day the Dow is trading at 32,272.79  with a loss of –1.94% percent or –638.11 point. The S&P 500 is trading at 4,017.82 with a loss of –2.38%percent or –97.95    point. The Nasdaq Composite is trading at 11,754.23 with a loss of –2.75% percent or –332.04  point.

In other parts of world, Japan’s Nikkei 225 is trading at 27,839.58 with a loss of –1.44% percent or ?406.95  point. Hong Kong’s Hang Seng is trading at 21,919.42 up with +0.23% ercent or +50.37  point. China’s Shanghai Composite is trading at 3,282.52 with 1.35% percent or +43.56 point. India’s BSE Sensex is trading at 54,477.04  with a loss of  –1.52% percent or ?843.24  point at 12:15 PM.